| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $455M | $465M | $452M | -2.2% | 0.5% |
| Op. Income | $11M | $29M | $34M | -61.0% | -66.0% |
| Gross Margin | 20.5% | 20.3% | 21.8% | 0.2pp | -1.3pp |
| Net Margin | 2.0% | 5.3% | 6.4% | -3.3pp | -4.4pp |
| EPS (Diluted) | $0.33 | $0.89 | $1.06 | -62.9% | -68.9% |
| Free Cash Flow | $30M | $21M | $16M | 42.5% | 89.2% |
| Item | Amount |
|---|---|
| REVENUE | $455M |
| Cost of Revenue | $361M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $25M |
| Operating Expenses | $82M |
| Cost & Expenses | $443M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $974.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $15M |
| EBIT | $36M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $455M |
| Cost of Revenue | $361M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $25M |
| Operating Expenses | $82M |
| Cost & Expenses | $443M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $974.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $15M |
| EBIT | $36M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $3.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$530.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$516.0K |
| Common Stock Repurchased | -$13.0K |
| Common Dividends Paid | -$23M |
| Other Financing Activities | -$326.0K |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $0 |
| Net Receivables | $115M |
| Inventory | $158M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $374M |
| PP&E (Net) | $507M |
| Goodwill | $208M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $739M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $112M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $169M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $48M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $82M |
| TOTAL LIABILITIES | $251M |
| Common Stock | $144M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | -$776M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $862M |
| Minority Interest | $0 |
| TOTAL EQUITY | $862M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $30M |
| Net Debt | -$58M |
